DIGITALBRIDGE GROUP INC (DBRG) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:DBRG • US25401T6038
We assign a technical rating of 9 out of 10 to DBRG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DBRG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- DBRG is part of the Capital Markets industry. There are 238 other stocks in this industry. DBRG outperforms 95% of them.
- DBRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- DBRG has an average volume of 7935570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DBRG did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month DBRG has a been trading in a tight range between 15.32 and 15.49.
- Considerably lower volume is observed in the last couple of days.
DBRG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 15.38, a Stop Loss order could be placed below this zone.
More info and screens
9.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.31 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.93 from a trend line in the weekly time frame.
- Support @9.38 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.39 to 15.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DBRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBRG is up. |
| ChartMill Relative Strength | 93.3 | POSITIVE | DBRG has a high relative strength, it outperformed 93.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DBRG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.77 | NEUTRAL | The RSI value for DBRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DBRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.52 | NEUTRAL | The Stochastics value for DBRG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for DBRG suggests low volalility. |
| Average Directional Index/ADX (14) | 39.33 | POSITIVE | The high ADX value value for DBRG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.47 | 15.31 | 0.16 (1.03%) | 25.00% |
| An entry @15.47. This is a Buy Stop order right above the resistance zone. | An exit @15.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 1.03%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.39
-0.01 (-0.06%)
DIGITALBRIDGE GROUP INC / DBRG FAQ
What is the ChartMill technical rating of DIGITALBRIDGE GROUP INC (DBRG) stock?
ChartMill assigns a technical rating of 9 / 10 to DBRG.
Can you provide the trend direction for DIGITALBRIDGE GROUP INC?
The current trend direction for DIGITALBRIDGE GROUP INC (DBRG) is Bullish.
Can you provide the RSI signal for DIGITALBRIDGE GROUP INC?
DIGITALBRIDGE GROUP INC (DBRG) has an RSI value of 65.7654. This indicates that the stock is currently neutral.
What is the MACD signal for DIGITALBRIDGE GROUP INC (DBRG) stock?
The MACD indicator for DIGITALBRIDGE GROUP INC (DBRG) has a value of -0.0958702, indicating a bearish trend.
What is the buy/sell signal for DIGITALBRIDGE GROUP INC (DBRG) stock?
The buy/sell signal for DIGITALBRIDGE GROUP INC (DBRG) is buy as both the short term and long term trends are positive.